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Is nominal account only the nature of the profit and loss appropriation account?
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Is nominal account only the nature of the profit and loss appropriatio...
Yes P &L appropriation is nominal in nature
since as per the rules of nominal acc all expenses are debited and all profits/gains are credited
since as per the rules of nominal acc all expenses are debited and all profits/gains are credited
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Is nominal account only the nature of the profit and loss appropriation account? Related: Partnership Deed - Partnership Fundamentals, Accountancy - Class 12?
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Is nominal account only the nature of the profit and loss appropriation account? Related: Partnership Deed - Partnership Fundamentals, Accountancy - Class 12? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Is nominal account only the nature of the profit and loss appropriation account? Related: Partnership Deed - Partnership Fundamentals, Accountancy - Class 12? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Is nominal account only the nature of the profit and loss appropriation account? Related: Partnership Deed - Partnership Fundamentals, Accountancy - Class 12?.
Is nominal account only the nature of the profit and loss appropriation account? Related: Partnership Deed - Partnership Fundamentals, Accountancy - Class 12? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Is nominal account only the nature of the profit and loss appropriation account? Related: Partnership Deed - Partnership Fundamentals, Accountancy - Class 12? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Is nominal account only the nature of the profit and loss appropriation account? Related: Partnership Deed - Partnership Fundamentals, Accountancy - Class 12?.
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